[ Search ] [ Legislation ] [ Bill Summary ]
[ Home ] [ Back ] [ Bottom ]
90_HB1133
220 ILCS 5/13-601 from Ch. 111 2/3, par. 13-601
Amends the Public Utilities Act. Provides that
telecommunications carriers must obtain approval from the
Commission for contracts with affiliated interests if the
total obligation under all contracts with the affiliate
exceeds $1,000,000 rather than $5,000,000. Effective
immediately.
LRB9004397JScc
LRB9004397JScc
1 AN ACT to amend the Public Utilities Act by changing
2 Section 13-601.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Public Utilities Act is amended by
6 changing Section 13-601 as follows:
7 (220 ILCS 5/13-601) (from Ch. 111 2/3, par. 13-601)
8 (This Section is scheduled to be repealed July 1, 1999.)
9 Sec. 13-601. Application of Article VII. The provisions
10 of Article VII of this Act are fully applicable only to
11 telecommunications carriers offering or providing
12 noncompetitive telecommunications service, and the
13 Commission's regulation thereof, except that (1) the approval
14 of contracts and arrangements with affiliated interests
15 required by paragraph (3) of Section 7-101 shall not apply to
16 such contracts or arrangements by such telecommunications
17 carriers provided that, except as provided in item (2), those
18 contracts and arrangements shall be filed with the Commission
19 and (2) affiliated interest contracts or arrangements entered
20 into by such telecommunications carriers where the total
21 increased obligation thereunder does not exceed the lesser of
22 $1,000,000 $5,000,000 or 5% of such carrier's prior annual
23 revenue from noncompetitive services are not required to be
24 filed with the Commission.
25 (Source: P.A. 89-440, eff. 12-15-95.)
26 Section 99. Effective date. This Act takes effect upon
27 becoming law.